Smaller dairy farmers urged to sell
SMALL and medium-sized dairy farmers should sell while they can, Mark Hill, an agricultural adviser with Deloitte & Touche, told Radio 4s Farming Today.
He said 20% of medium-sized businesses could go bust in the next two years as the industry moved into its third successively bad financial year. Barclays Bank produced figures indicating a 120-cow dairy herd averaging 7,000 litres per cow would have a net farm income of £2,500 this year, compared with £47,500 two years ago.
- The Scotsman 07/04/98 page 28